LinkedIn laying off nearly 700, mostly from core engineering teams • Hacker News Board

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#11

Post by dougSF70 » Mon, Oct 16, 2023, 4:03 PM UTC

tannedNerd wrote: post #5

LewisVerstappen wrote: post #3

> LinkedIn is now ramping up hiring in India, according the person familiar. So, laying off people in the US and hiring in India?

I feel like if US companies are proven to off shore jobs they should take a massive tax hit the same year. Like you are required to pay 5 years worth of the salary of the job you off shored into unemployment or retraining funds.

Microsoft about to swallow a $25bn+ tax hit.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#12

Post by raybb » Mon, Oct 16, 2023, 4:04 PM UTC

coldpie wrote: post #4

Good news for those 700: because we don't have tech worker unions, they are able to individually bargain the terms of their layoff! ...right?

There are some tech worker unions (like at NYT) but not enough.

A relevant book that recently came out but I have not read is You Deserve a Tech Union by Ethan Marcotte

https://abookapart.com/products/you-deserve-a-tech-union

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#13

Post by gumballindie » Mon, Oct 16, 2023, 4:06 PM UTC

LewisVerstappen wrote: post #3

> LinkedIn is now ramping up hiring in India, according the person familiar. So, laying off people in the US and hiring in India?

Lmao they wont allow remote work in the west but are fine with remote work elsewhere.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#14

Post by burnished » Mon, Oct 16, 2023, 4:06 PM UTC

SpicyLemonZest wrote: post #9

coldpie wrote: post #4

Good news for those 700: because we don't have tech worker unions, they are able to individually bargain the terms of their layoff! ...right?

I don't understand what the dunk is supposed to be here. Plenty of unionized companies have layoffs.

I believe the implication is that those layoffs have better overall terms.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#15

Post by syntaxing » Mon, Oct 16, 2023, 4:07 PM UTC

SpicyLemonZest wrote: post #9

coldpie wrote: post #4

Good news for those 700: because we don't have tech worker unions, they are able to individually bargain the terms of their layoff! ...right?

I don't understand what the dunk is supposed to be here. Plenty of unionized companies have layoffs.

OP is talking about the terms of layoffs (as in the severance package) rather than about layoffs in general.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#16

Post by elashri » Mon, Oct 16, 2023, 4:07 PM UTC

passion__desire wrote: post #7

tannedNerd wrote: post #5

Earlier quoted context omitted.

I feel like if US companies are proven to off shore jobs they should take a massive tax hit the same year. Like you are required to pay 5 years worth of the salary of the job you off shored into unemployment or retraining funds.

If there are global markets for products, they should be global markets for employment.

There is no global tax system so you don't have this effect you think you have.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#17

Post by bastardoperator » Mon, Oct 16, 2023, 4:08 PM UTC

pastor_bob wrote: post #8

"Today I had to say goodbye to my fellow LinkedInians. I am truly grateful for the 2 years I spent there creating value for shareholders of MSFT. Being pushed by my managers to excel and being able to learn from Satya Nadella's memos made it some of the most impactful years of my life. ETC ETC. Please refer me at your company. Thanks." - 700 linkedIn posts appearing today.

And? You'll be doing the same thing when your number gets pulled...

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#18

Post by zitterbewegung » Mon, Oct 16, 2023, 4:08 PM UTC

coldpie wrote: post #10

tannedNerd wrote: post #5

Earlier quoted context omitted.

I feel like if US companies are proven to off shore jobs they should take a massive tax hit the same year. Like you are required to pay 5 years worth of the salary of the job you off shored into unemployment or retraining funds.

I think you'd get the same result with a lot less overhead by just increasing corporate taxes a fraction of a percent (or just enforcing our current tax laws better) and making vocational training schools tuition-free.

Assuming they pay their taxes and this is how we have to enforce it by a lawsuit which costs the government more.

https://www.cnbc.com/2023/10/11/irs-says-microsoft-owes-an-a...

If the corporate tax would increase then it might be cheaper to litigate.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#19

Post by paxys » Mon, Oct 16, 2023, 4:09 PM UTC

syntaxing wrote: post #15

SpicyLemonZest wrote: post #9

Earlier quoted context omitted.

I don't understand what the dunk is supposed to be here. Plenty of unionized companies have layoffs.

OP is talking about the terms of layoffs (as in the severance package) rather than about layoffs in general.

I'm willing to bet that LinkedIn's severance terms are significantly more generous that what a standard union shop can negotiate for its members.

Re: LinkedIn laying off nearly 700, mostly from core engineering teams

#20

Post by mpclark » Mon, Oct 16, 2023, 4:09 PM UTC

dougSF70 wrote: post #11

tannedNerd wrote: post #5

Earlier quoted context omitted.

I feel like if US companies are proven to off shore jobs they should take a massive tax hit the same year. Like you are required to pay 5 years worth of the salary of the job you off shored into unemployment or retraining funds.

Microsoft about to swallow a $25bn+ tax hit.

Ow! That's nearly half an Activision...